Tallmadge & Buntin Co Stock Certificate

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Tallmadge & Buntin Co Stock Certificate - early Wyoming Land Company

Tallmadge & Buntin Co Stock Certificate - Wyoming

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Vintage Stock Certificate

Product Code: SC2108

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This Tallmadge & Buntin Co stock certificate is un-issued. Tallmadge & Buntin was a land company out of Bosler, WY founded by Daniel C. Buntin of Nashville. After the passage of the Desert Land act, also known as the Carey Act of 1894, developers promoted large scale irrigation and land sale projects in Wyoming. Many of these companies were largely failures as was Buntin's Bosler development.

The Carey Act provided a million acres in Western States split into 160 acre parcels upon the completion of satisfactory irrigation. The irrigation cost would be held as the 1st lien on the property to be paid off over time. Tallmadge and Buntin promoted small farms to farmers in the Midwest. They promised riches to farmers and that Bosler, just north of Laramie, was a "banana belt" with warm weather. These claims were obviously exaggerated.

Plagued by drought, most of the settlers abandoned their land. Owing his father-in-law, who financed the projects, over $1.25 million and also a large sum in back taxes, her returned home. Shortly after he committed suicide attributed to "incurable malady".